The Weekly Beacon

This weeks issue: Credit cards, Credit conditions, Credit card stocks, Visa stock, Mastercard stock, Visa IPO, Nancy and Paul Pelosi buy Visa, Insider trading in Washington, Market consolidation, Earnings versus weighting on the S&P 500, Magnificent seven stocks, Mega cap tech stocks, CEO pay, Highest paid CEOs, Peloton CEO, Nasdaq 100 rotation, Nasdaq 100 re balance, Berkshire Hathaway, Oil stocks, Natural gas stocks, Occidental Petroleum stock,  Dominion energy, Russian energy, Russia and EU trade, Oil price pullbacks, Inflation, CPI, Core inflation, Energy prices, Bank of Canada.

Record travel volume, Interest rates, Inflation, FED minutes, Market sentiment, Fear and greed monitor, Market melt-up, Chinese economy, Recessions, Chinese manufacturing.

Statistics Canada released May’s Consumer Price Index (CPI) this past Tuesday signaling an inflation rate of 3.4% over the last year. This is the lowest reading since June 2021. The CPI continuing to slow gives

Pre-ordering, EV order book, Rivian, EV sale, Factory sale, Demand slump, Electric vehicles, Tesla, EV stocks, GM and Ford deal with Tesla

FED, Interest rates, FOMC, Jerome Powell, Inflation, CPI, Mortgage rates, Housing prices, Gold, Central Banks, Global reserve currency, US dollar

Bank of Canada, FED, Mortgage rates, Interest rates, Sticky inflation, LIV and PGA merger, The Saudi Empire,

Nvidia, AI, Artificial Intelligence, Casinos, Gambling, Las Vegas, Blackjack players, Economic conditions, Metaverse, Bitcoin, Financial bubble or trend, Metaverse real estate

Semiconductors, Broadcom, Domestic chip-making, Chip War, Apple, Trump and Biden agree on semis, Debt ceiling, Republicans and Biden,

Softbank’s roots go back to the 1980s but its place atop the tech sector roots back to a $45 billion investment

Electric vehicle producers struggling Who would have thought that investment bankers and EV producers would miss guide investors?